I don't understad how to join a mini-pool. I tried to go to the register page of the pool, but i justget a new independent account. Please help me to understand this, or better: https://josell.triplemining.com/my_pool

Did you click someones referral link to get to the page? If not you wont have a cookie saved and so wont link to a pool.

. I click some referencial links, but when I registered, I get another independent account instead join a pool; I dont understand.

Here is an example:User 1 registers on www.triplemining.com.User 2 registers on user1.triplemining.com.

At this time user 1 will be able to see user 2 in the 'my pool' page. User 2 will see an empty list.

User 3 registers on user2.triplemining.com.

At this time user 1 will see user2 , and user2 will see user3 in his team. User 3 will see an empty list.

The reason for this is that we dont want a pyramid or ponzi story, every one is a pool owner. The only way to grow your pool is to have other users register under yourusername.triplemining.com, you will never see your 'parent'.

I hope this clears everything up ..

User 1 is MrSam with a slow or non-existent minerUser 2-5 is Mr Sam's buddies that pay mr sam 1% of their shares,user 6- are suckers that pay MrSam .5% and his buddies .5% of their shares,more users are suckers that pay MrSam .3% and his buddies .3% and the previous people .3% of their shares...

See how it is shaped like a pyramid? With the bottom 80% paying a 1% fee to enrich the top? They pay .5 BTC per round to people who don't even have to mine any more. Deepbit makes 1.5 BTC a round for not mining though, so I guess it's not tragic.

The web site says something different than the top post about the payment structure, and neither give enough detail of the payment scheme to see how pyramid-y it is.

I don't think you really understand how it works. The workers under the 'owner' aren't giving up any of their earned share to said owner.They just take in their hash work for that block and apply it to that 1% fee that they took and redistribute that 1% back to minipool owner's.

User 1 is MrSam with a slow or non-existent minerUser 2-5 is Mr Sam's buddies that pay mr sam 1% of their shares,user 6- are suckers that pay MrSam .5% and his buddies .5% of their shares,more users are suckers that pay MrSam .3% and his buddies .3% and the previous people .3% of their shares...

See how it is shaped like a pyramid? With the bottom 80% paying a 1% fee to enrich the top? They pay .5 BTC per round to people who don't even have to mine any more. Deepbit makes 1.5 BTC a round for not mining though, so I guess it's not tragic.

The web site says something different than the top post about the payment structure, and neither give enough detail of the payment scheme to see how pyramid-y it is.

That's not how it works. The person you quoted got it right. You only get shares for those that directly joined your minipool.

Even if it's unfounded, bitcoin already gets too much flak for seeming like a pyramid scheme. Isn't actually turning it into a pyramid scheme the last thing we need?

Keep in mind, the tech is solid, the only way to kill bitcoin at this point is through bad press. We don't need more bad press.

I'm actually getting tired of having to defend triplemining from being called a pyramid scheme. We are one of the only pools that returns everything to the members, where you see some other pool owners running off with 3,4,5 % of the pool income (With deepbit leading this), and yet there nobody complains.

But the moment that you redistribute some of the pool income based on work, you are called a Ponzi schemer.

I really have nothing to gain by you joining or leaving, my income stays the same: 0 BTC.

Even if it's unfounded, bitcoin already gets too much flak for seeming like a pyramid scheme. Isn't actually turning it into a pyramid scheme the last thing we need?

Keep in mind, the tech is solid, the only way to kill bitcoin at this point is through bad press. We don't need more bad press.

I'm actually getting tired of having to defend triplemining from being called a pyramid scheme. We are one of the only pools that returns everything to the members, where you see some other pool owners running off with 3,4,5 % of the pool income (With deepbit leading this), and yet there nobody complains.

But the moment that you redistribute some of the pool income based on work, you are called a Ponzi schemer.

I really have nothing to gain by you joining or leaving, my income stays the same: 0 BTC.

Alright, so probably what's happening here is I just don't understand how this works. How exactly are your % of the total hashes translated into payouts? What if you're the pool owner, what if you're hashing under someone, or if you're in the middle. Also, don't get me wrong, I don't think anyone's calling this a Ponzi scheme, that's just something else. But the description on the front page makes it sound... "pyramidy", maybe you just need to look at the wording.

Another question though, you mentioned you give everything back to the workers and that your income stays at 0. How do you plan to keep the site going?

Alright, so probably what's happening here is I just don't understand how this works. How exactly are your % of the total hashes translated into payouts? What if you're the pool owner, what if you're hashing under someone, or if you're in the middle. Also, don't get me wrong, I don't think anyone's calling this a Ponzi scheme, that's just something else. But the description on the front page makes it sound... "pyramidy", maybe you just need to look at the wording.

Another question though, you mentioned you give everything back to the workers and that your income stays at 0. How do you plan to keep the site going?

I can't believe how quick people are to complain about the fee redistribution... People would apparently rather have MrSam pocket the 1% rather than give it back to the miners. This system is awesome because even cpu miners can make some real BTC if they promote their link enough. Nobody is getting scammed here, everyone knows how the fee system works when they join; in most cases, that's why they join.

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